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Wabash National Corp. Message Board

  • omg_you_did_what omg_you_did_what Jan 28, 2013 9:17 AM Flag

    Long term Debt and Inventory continues to increase, meaning....

    Y-O-Y long term debt continues to increase as does their inventory, meaning they aren't selling what they are making and their debt continues to increase without sales, READ THEIR BALANCE SHEET.
    Only 1 positive Net Income in the past 3 years, that was very small.
    Accounts Payable continue to increase YOY also, what are they doing with the money (if they are making any), SURE NOT PAYING DOWN THE DEBT or Accounts Payable.
    SHORT IT, SOMETHING STINKS ABOUT THE BALANCE SHEET.

 
WNC
11.32-0.17(-1.48%)Nov 25 4:02 PMEST

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